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Nonprofit · EIN 51-0007780

DELAWARE STATE CHAMBER OF COMMERCE

Tax-exempt · WILMINGTON, DE 19801

Financials

$1.9M$1.8M2023$1.9M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of DELAWARE STATE CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,945,026$2,146,439-$201,413$2,857,374$1,325,261$1,532,113
December 31, 2023990$1,856,295$1,841,232$15,063$2,324,965$807,242$1,517,723
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,827,212
Investment income
$0
Other revenue
$117,814

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$262,236
Other salaries and wages
$736,024
Salaries, compensation and benefits (total)
$1,232,119
Professional fundraising fees
$0
Accounting fees
$126,187
Occupancy
$89,711
Travel
$37,777
Depreciation
$44,199
Program services (functional)
$1,684,486
Management and general (functional)
$461,953

Balance sheet and other

Total assets, start of year
$2,324,965
Total assets, end of year
$2,857,374
Total liabilities, end of year
$1,325,261
Net assets, end of year
$1,532,113
Land, buildings and equipment
$870,851
Net assets without donor restrictions
$1,532,113
Gross receipts
$1,945,026
Employees
13
Volunteers
8
Year formed
1915
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MIKE QUARANTAPRESIDENT
Key employee
40$279,284$4,850
CATHERINE M BASSETTMEMBER
Trustee or director
0.25$0$0
STEVE CHAMBLISSMEMBER
Trustee or director
0.25$0$0
JASON D GONZALEZMEMBER
Trustee or director
0.25$0$0
JOHN C GOODENVICE CHAIR
Trustee or director, Officer
0.5$0$0
MARIE HOLLIDAYCHAIR
Trustee or director, Officer
1$0$0
TOM HORNEMEMBER
Trustee or director
0.25$0$0
NATALIE KEEFERMEMBER
Trustee or director
0.25$0$0
RODGER LEVENSONMEMBER
Trustee or director
0.25$0$0
BRIDGET THERRIAULTMEMBER
Trustee or director
0.25$0$0
MICHAEL A MEOLIMEMBER
Trustee or director
0.25$0$0
NICHOLAS A MORIELLOMEMBER
Trustee or director
0.25$0$0
TIM HOUSEALMEMBER
Trustee or director
0.25$0$0
LAVERNE HARMONMEMBER
Trustee or director
0.25$0$0
ANDREW COTTONEMEMBER
Trustee or director
0.25$0$0
1 more people on this return
NameTitleHours / weekCompensation
DR DAVID TAM MDMEMBER
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
MIKE QUARANTAPRESIDENT
Key employee
40$270,623$5,037
CATHERINE M BASSETTMEMBER
Trustee or director
1$0$0
STEVE CHAMBLISSMEMBER
Trustee or director
1$0$0
JASON D GONZALEZMEMBER
Trustee or director
1$0$0
JOHN C GOODENVICE CHAIR
Trustee or director, Officer
1$0$0
MARIE HOLLIDAYCHAIR
Trustee or director, Officer
1$0$0
TOM HORNEMEMBER
Trustee or director
1$0$0
NATALIE KEEFERMEMBER
Trustee or director
1$0$0
NICHOLAS P LAMBROWPAST CHAIR
Trustee or director
1$0$0
RODGER LEVENSONMEMBER
Trustee or director
1$0$0
BARBARA MCCULLOUGHMEMBER
Trustee or director
1$0$0
MICHAEL A MEOLIMEMBER
Trustee or director
1$0$0
NICHOLAS A MORIELLOMEMBER
Trustee or director
1$0$0
JANICE E NEVINMEMBER
Trustee or director
1$0$0
LAVERNE HARMONMEMBER
Trustee or director
1$0$0
ANDREW COTTONEMEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1201 N ORANGE ST STE 200, WILMINGTON, DE 19801-1167
Principal officer (990 for 2024)
MICHAEL J QUARANTA, 1201 N ORANGE STREET 200, WILMINGTON, DE 198011167
Signed the 990
MICHAEL J QUARANTA, PRESIDENT
Phone
(302) 655-7221
Return prepared by
GUNNIP & COMPANY LLP

Mission

TO PROMOTE AN ECONOMIC CLIMATE THAT STRENGTHENS THE COMPETITIVENESS OF DELAWARE BUSINESSES AND BENEFITS CITIZENS OF THE STATE. THE CHAMBER WILL PROVIDE SERVICES MEMBERS WANT; IT WILL SERVE AND BE RECOGNIZED AS THE PRIMARY RESOURCE ON MATTERS AFFECTING COMPANIES OF ALL SIZES; AND IT WILL BE THE LEADING ADVOCATE FOR BUSINESS WITH GOVERNMENT IN DELAWARE.

990 for the year ended December 31, 2024

Program accomplishments

  • ANNUAL DINNER EVENT - THE DELAWARE STATE CHAMBERS LARGEST NETWORK EVENT WITH DELAWARE'S BUSINESS LEADERS. THE EVENT FEATURES A WELL KNOWN KEYNOTE SPEAKER, DINNER AND PRESENTATION OF THE JOSIAH MARVEL CUP AWARD TO THE DELAWARE BUSINESS LEADER OR PROMINENT PERSON WHO MAKES SIGNIFICANT CONTRIBUTIONS TO THE STATE.
    Expenses $157,883 · revenue $625,750
  • SUPERSTARS IN BUSINESS EVENT - RECOGNITION LUNCHEON FOR SMALL BUSINESS OWNERS AND NON-PROFITS. MEMBERS DESCRIBE WHAT'S SPECIAL ABOUT THEIR SMALL BUSINESS; EACH BUSINESS IS CONFIDENTIALLY REVIEWED BY A PANEL OF ACCOMPLISHED BUSINESS LEADERS WHO CHOOSE DELAWARE'S SUPERSTARS IN BUSINESS. THE EXPERIENCE ALSO PROVIDES FEEDBACK ABOUT THE APPLICANT'S BUSINESS. AWARDS ARE PRESENTED AT THE LUNCHEON ALONG WITH A VIDEO THAT SHOWCASES THE BUSINESS.
    Expenses $40,744 · revenue $63,838
  • BUSINESS RELATIONS AND COMMUNITY SERVICES.
    Expenses $1,485,859 · revenue $1,255,438

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0007780
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,335,413
Income (IRS master file)
$2,169,384

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,945,026$2,146,439$2,857,374XML
990December 2023$1,856,295$1,841,232$2,324,965XML
990December 2022$1,764,002$1,676,824$1,983,081IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0007780).

Questions about DELAWARE STATE CHAMBER OF COMMERCE

What is the EIN of DELAWARE STATE CHAMBER OF COMMERCE?
The employer identification number (EIN) of DELAWARE STATE CHAMBER OF COMMERCE is 51-0007780.
Is DELAWARE STATE CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
Are donations to DELAWARE STATE CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DELAWARE STATE CHAMBER OF COMMERCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DELAWARE STATE CHAMBER OF COMMERCE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DELAWARE STATE CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DELAWARE STATE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names MICHAEL J QUARANTA.
Who are the officers and directors of DELAWARE STATE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $279,284 (MIKE QUARANTA, PRESIDENT).
How much revenue does DELAWARE STATE CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,945,026, expenses of $2,146,439 and total assets of $2,857,374 at year end.

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